Use LCOE as an early comparison metric without mistaking it for a full investment decision.
Principle: A low average cost per kWh can still be the wrong renewable-energy move. The Move Use LCOE to narrow the field, then test the surviving options against the load, tariff, carbon claim, and risk profile. Treat LCOE as a screening metric that asks, "Is this worth deeper analysis?" not as the final investment case. Why It Works The LCOE calculation intentionally simplifies. That is its strength for early comparison and its weakness for decisions that depend on timing, flexibility, and risk transfer. Renewable-energy value often lives in those excluded details. Practice Lens If two projects are within a few…
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